Gold (29001): Gold Future has entered into negative zone and traders can hold short positions until Gold Future closes above 29318 levels. Traders can initiate fresh long positions only if Gold Future closes above 29318 levels.

Silver (42480):  Analysis would remain same. Silver is still in positive zone and traders can buy at dips or hold long positions until Silver closes below 42003.11 levels. Traders can go short once Silver Future closes below 42003.11 levels.

Crude (3565): Crude is trading into positive zone. Traders should initiate long positions on every dips. For now traders can hold long position until Crude future closes below 3512.50 levels.

Natural Gas (194.60): Analysis would remain same. NG Future is still in negative zone. Now traders can hold short positions and short at every positive rally until NG Future closes above 202.60 levels. Traders can go long if Natural Gas Future closes above 202.60 levels.

Copper (404.30): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate long at every dip until it closes below 403.70.

Zinc (193.50): Analysis would remain same. Zinc is still in positive trend and would enter into negative zone once it closes below 192.80 levels. Traders can go short only if Zinc closes below 192.80 levels, until then hold long positions.

Lead (157.60): Lead has entered into negative zone. Lead Future would enter into positive zone once it closes above 164.75 levels. Traders can hold short position or can initiate short position on every rise until Lead future does not close above 164.75 levels.

Nickel (720.40):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 703.60 levels.

Aluminium (125.90):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 124.95 levels, below which fresh short position can be initiated.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

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